STOCK SCAN

Walchandnagar Industries operates as a heavy engineering and project execution company worldwide. It operates in the Heavy Engineering, Foundry and Machine Shop, and others segments. The encouraging sign is that the current order book position has almost 50 per cent orders for DNA/Manufacturing business which would steadily go up in the current financial year. The company looks at sectors like Defence, Nuclear and Aerospace (DNA) as high potential areas for the future growth and a clearly defined growth strategy for the same has already been put in place. Buy on declines for medium term target of `350.

Cosmo Films Limited engages in the manufacture and sale of bi-axially oriented polypropylene (BOPP) and thermal films in India and internationally. The company operates through two segments, packaging films and others. Good visibility of earnings and steady performance make the stock good bet for target price of `600 in medium term.

Two smallcap companies Akar Tools and Vikram Thermo are on the radar of savvy players.

Akar Tools manufactures and sells hand tools, auto leaf springs, parabolic springs, and commercial automotive forgings in India. The company also exports its products to Europe, the US, Japan, Australia, and other countries worldwide. Buy for target price of `100. Vikram Thermo manufactures and markets various pharmaceutical excipients and chemicals in India. The company also exports its products.

Buy for target price of `200 in medium term.